SEC Proposes Amendments to Exchange Act Rule 3a12-8 to Add European Union Debt Obligations

This text is not the issuer's. It was produced by a language model from the official document, then checked automatically against DFIN's neutrality rules. The title above is carried verbatim.

The U.S. Securities and Exchange Commission, on Aug. 28, 2026, proposed amendments to Rule 3a12-8 under the Securities Exchange Act of 1934 to add the debt obligations of the European Union to the list of foreign government debt obligations designated as "exempted securities" solely for purposes of futures marketing and trading. The proposed amendments would place futures contracts on European Union debt obligations under the exclusive jurisdiction of the CFTC, consistent with treatment already given to futures on debt obligations of several EU member states currently listed under the rule, while the offerings of the underlying debt obligations themselves would remain subject to federal securities laws. The Commission stated the amendments would leave unchanged the existing substantive requirements and provisions of Rule 3a12-8, including its application to debt obligations of several EU member states and other foreign governments currently listed. The SEC said the proposing release will be published on SEC.gov and in the Federal Register, with a comment period remaining open for 60 days after Federal Register publication.

Produced by claude-sonnet-5